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BSE: Sensex jump over 1100 points, Nifty above 16,100

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Mumbai: The Sensex was up 1,140.57 points or 2.16% at 53932.80, and the Nifty was up 349.90 points or 2.21% at 16159.30. About 2355 shares have advanced, 461 shares declined, and 97 shares are unchanged. Benchmark indices extended the early gains with the Nifty above 16100.

Prudent Corporate Advisory Services Ltd (Prudent), an independent retail wealth management services group in India, made its debut on the bourses at a premium on May 20, the listing day. The stock opened at Rs 660, at a premium of 4.7 percent to its issue price of Rs 630 on the BSE, while the listing price on the NSE was Rs 650.

On the Sensex pack, all the stocks were trading higher in the early trade led by Tata Steel, Dr. Reddy’s Laboratories, Bharti Airtel, State Bank of India (SBI), Sun Pharmaceutical Industries, and Hindustan Unilever(HUL).

(Smit)